Survey of the Register of Enterprises with Majority Control by the State / RECME

Sources
Dernière mise à jour le : 24/01/2017

Présentation de l'opération

Organisme producteur :

Insee - Pôle Lifi - Direction régionale  de Poitou-Charentes

Type d'opération :

Survey

Objectifs :

The compulsory administrative Survey of the Register of Enterprises with Majority Control by the State (RECME) isolates enterprises (including subsidiaries and sub-subsidiaries) which are directly or indirectly controlled by the French State, i.e. enterprises in which the State may exert a dominant influence due to its possession of a majority of the capital or a majority of the votes associated with the shares issued.

In addition to defining the influence of public groups and assessing their economic importance, this survey results in the compilation of the Register of Enterprises with Majority Control by the State (RECME).

This register aims to:

- Define the scope of public groups;
- Monitor privatisation and nationalisation trends;
- Determine any financial relationships which unite public enterprises;
- Identify the heads of public groups
- Manage the main "incoming" and "outgoing" elements of the register during the survey year.

Thèmes abordés :

The following three main topics are:

- Identification of the enterprise: SIRENE register number, corporate name, business activity, legal status, average workforce, total value of equity securities held, etc.

- Structure of share ownership: breakdown of company capital according to the shareholder's capacity (the enterprise itself, the enterprise's employees, State and French or foreign corporate bodies or natural persons, etc.), list of main shareholders' names;

- Breakdown of portfolio of equity securities: list of French and foreign participations in addition to their country of establishment, the average workforce, value of securities and the percentage of capital held.

Champ de l'opération

Champ géographique :

Metropolitan France and overseas departments

Champ(s) statistique(s) couvert(s) :

This register covers all public enterprises with majority control by the French State.

Any enterprise on which the State can directly or indirectly exert a dominant influence due to ownership or financial participation, due it its possession of either the capital or the majority of votes associated with the shares issued, is considered to be public.

Enterprises surveyed by the RECME survey include Public Industrial and Commercial Establishments (EPIC), semi-public companies in which the State exerts majority control and various nationalised companies.

To these are added organisations, French corporate bodies directly or indirectly controlled by enterprises in the first level of control.


Caractéristiques techniques

Unité statistique enquêtée :

Enterprise

Périodicité de l'opération :

Annual

Période et mode de collecte :

The survey is conducted by post with collection taking place from the start of January to the end of March.

Historique :

Decree 84-966 of 22 October 1984 established the RECME and made INSEE responsible for its production.

Plan de sondage :

The following types of enterprises are selected on the basis of the previous year's register:

- Directly controlled by the French State (>50%);

- Whose workforce exceeded 19 employees during in the previous year;

- With at least one subsidiary or one participation in the previous year;

- Acting as head of a public group during the previous year.

For example, approximately 760 enterprises were surveyed during 2015.

Autres spécifications :

The RECME only relates to State-controlled public services. This limitation excludes enterprises controlled by territorial collectivities, such as public offices for low-cost housing.

This register also excludes certain enterprises such as the Caisse des Dépôts et Consignations (CDC) [Deposit and Consignment Office], which is placed under the authority of the Parliament rather than the State.

At the same time as updating the RECME, INSEE also carries out an annual survey of the financial links between enterprises (LIFI).

Both of these sources provide information about the influence of groups and their concentration and allow for the monitoring of concentration phenomena.

Furthermore, the LIFI survey reveals enterprises which are controlled by the State via subsidiaries.

It thus supplements the RECME survey and contributes to updating the register from one year to another.